Jul 4, 2014
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Trade union Siptu and management of pharmaceutical company Bausch + Lomb, the single largest employer in the South East, are in crisis talks as management announced its intention to lay off 200 employees and cut wages of the remaining staff by 20%.
Trade union Siptu and management of pharmaceutical company Bausch + Lomb, the single largest employer in the South East, are in crisis talks as management announced its intention to lay off 200 employees and cut wages of the remaining staff by 20%. The company, which was taken over by a Canadian multinational in 2013, has argued it cannot keep up its Irish operations if payroll costs of its Waterford plant in Ireland continue to be 30% higher than its Rochester plant in New York. Siptu and management will meet for talks, but the union has already stressed that a 20% pay cut is unacceptable.
English: http://www.irishexaminer.com/breakingnews/ireland/siptu-to-ballot-members ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.